Suburb Profile Report for Cammeray NSW (2062)

Cammeray House: Median price $2,297,500, Annual capital growth 6.09%, Number of sales 51, Weekly median advertised rent $1,200

Cammeray Unit: Median price $1,230,000, Annual capital growth 8.45%, Number of sales 120, Weekly median advertised rent $630

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Property investors who have had real estate in Cammeray, 2062 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -11.72%

When looking at the potential capital gains offered to property investors over the last 3 years, Cammeray comes in at number 656th in NSW.

LACK OF BUYER INTEREST may well be the reason that Cammeray is offering property investors an average of -5.76. This rate of discount on properties puts Suburb at number 65th in terms of most discounted suburbs in NSW

On average over the past year, suburb has had 4.25 sales per month, which equates to 51 per year.

Property investors should expect to get $1200 weekly from the median priced house in this suburb.

Investment property in Cammeray has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 17.99%

Cammeray,2062 was ranked 771 in Australia by increase in median property value over the quarter.

Our latest figures would indicate that property sellers in Cammeray are currently offering property investors an average price cut of -4.71% below the asking price at the moment.

In the last year 120 properties changed hands in Cammeray, which puts it as the 120th most active market in NSW when comparing the number of sales per suburb.

Information supplied by:


January 2018

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A suburb with a premium location just 5km from the Sydney CBD, Cammeray is experiencing rising unit stock, as the number of apartments listed increased from only 6 to 20 over the past 12 months leading up to November 2017Full summary

Units dominate the market

Postcode: 2062

Median unit price: $1,058,750

Stock on market: 115.4%

12-month growth: 18.3%

A suburb with a premium location just 5km from the Sydney CBD, Cammeray is experiencing rising unit stock, as the number of apartments listed increased from only 6 to 20 over the past 12 months leading up to November 2017.

The suburb overlooks the water, and is well-stocked with sought-after amenities including restaurants, cafes and a couple of shopping hubs, namely Green Park and Stockland Cammeray. The latter is home to the Harris Farm Markets. There are also several schools here, including Cammeray Public School and Anzac Park Public School, both of which offer primary education. Cammeray Children’s Centre acts as preschool and a childcare centre.

Cammeray is highly accessible thanks in part to the Long Gully Bridge, which links to suburbs in the north.

Close
Metrics i HOUSE UNIT
$2,297,500 $1,230,000
0.00% 0.61%
-11.72% 17.99%
6.09% 8.45%
$1,200 $630
51 120
2.72% 2.66%
59.37 34.79

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
Find a mortgage broker in Cammeray NSW
Demographics
Total population 6783
Median household income ($/weekly) 2239
Median age of persons 37
Median housing loan repayment ($/monthly) 2754
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 543 8.0
    25-34 years 1518 22.4
    35-44 years 1297 19.1
    45-54 years 928 13.7
    55-64 years 734 10.8
    Others 1764 26.0
    Age Group
    Census Count Percent(%)
    Not Married 2218 43.3
    Registered Married 2202 42.9
    Defacto Relationship 707 13.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 4235 66.6
    Papua New Guinea 245 3.9
    South Africa 100 1.6
    United Kingdom 521 8.2
    Other 377 5.9
    Others 878 13.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 180 3.0
    Christianity 3753 61.5
    Hinduism 99 1.6
    Judaism 118 1.9
    No Religion 1885 30.9
    Others 66 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 322 11.7
    $2,000-$2,499 208 7.6
    $2,500-$2,999 538 19.5
    $3,000-$3,499 237 8.6
    $4,000 or more 362 13.1
    Others 1087 39.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2960 54.9
    Not in the labour force 1142 21.2
    Employed, worked part-time 924 17.1
    Employed, away from work 203 3.8
    Unemployed, looking for work 163 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 871 21.3
    Professionals 1630 39.9
    Community & personal service workers 260 6.4
    Clerical & administrative workers 648 15.9
    Sales 268 6.6
    Others 409 10.0
    Occupation
    Census Count Percent(%)
    Pre-school 141 10.6
    Infants/Primary 413 31.0
    Secondary 227 17.0
    Technical or Further Educational Institution 108 8.1
    University or other Tertiary Institutions 378 28.3
    Others 67 5.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 3122 50.3
    Separate house 2229 35.9
    Semi-detached, row or terrace house, townhouse 812 13.1
    Caravan, cabin, houseboat 23 0.4
    House or flat attached to a shop, office 16 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1266 42.8
    Being purchased 902 30.5
    Fully owned 778 26.3
    Other tenure type 13 0.4
    Tenure Type
Census 2011, ABS
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